Constructlaw

MAY 3, 2023

Parties should understand the key concepts and common types of claims when deciding whether to arbitrate disputes involving construction contracts. Many construction disputes involve aspects that may make them challenging to litigate before US or foreign courts, including: Many individual claims. Industry-specific legal concepts.

Construction 52

Construction Claims Contractors US 52

Best Practices Construction Law

JUNE 15, 2016

When you deal with construction claims, many believe that the largest component of any request for additional compensation is generally labor costs. A compensable loss in terms of labor productivity happens when the contractor uses more hours to complete a given unit of work than it would have used absent the intervening cause.

Products 48

Products Compensation Claims Schedule 48

Levelset

MAY 16, 2022

The contract must include: The approximate starting date and completion date Description of the work to be performed List of the materials to be used Detailed set of specifications. Also, the contract should state that none of the work, materials, or specs can be changed or altered without a written change order signed by both parties.

Pennsylvania 98

Pennsylvania Residential Contractors Contract 98

Levelset

SEPTEMBER 23, 2022

However, the types of policies and their limits (the maximum amount claims can pay out) are limited. A general liability insurance policy protects the policyholder from claims of property damage or bodily injury caused by the contractor or its employees. This policy may also cover legal fees involved in certain types of lawsuits.

Insurance 52

Insurance Liability Accidents Risk 52

Revit OpEd

DECEMBER 22, 2017

Repeal of certain miscellaneous itemized deductions subject to the 2% floor: Under current law, employees may claim itemized deductions for certain miscellaneous expenses. Thus, under the provision, employees may not claim the above-listed items as itemized deductions for taxable years 2018 through 2025. Work-related education.

Employment 85

Employment Compensation Agreement Income 85

Best Practices Construction Law

MAY 31, 2016

Today, one of my legal alerts pointed me to one such case dealing with delay damages and disruption damages. Triple B Services, LLP , decided on May 26, 2016, the Court of Appeals of Texas reviewed a contractor’s claim for damages on a road expansion project. This is a must read! In County of Galveston v.

Claims 48

Claims Compensation Contract Contractors 48

Levelset

SEPTEMBER 20, 2022

Business property insurance covers the value of materials you own to perform your job. Liability insurance will help cover expenses for damage to someone else’s property and/or legal costs if another party decides to file a lawsuit. The policy includes two main components that help protect the financial standing of the business.

Insurance 52

Insurance Contractors Liability Accidents 52

Constructlaw

DECEMBER 7, 2020

Reynolds: The COVID-19 pandemic’s impact on the global economy has led to an increase in breach of contract claims, and a parallel rise in novel breach of con­tract defenses focused on excuses for non-performance. Mealey’s: What, if any, events had an impact on the global economy that have led to increased filings?

Claims 40

Claims Insurance Bankruptcy Legal 40

Levelset

AUGUST 24, 2022

Builder’s Risk Insurance General Liability Insurance Coverage Covers a building under construction—and often tools, equipment, and materials related to the project. In general, builder’s risk insurance does not only cover the structure itself, but also equipment, materials, and tools related to the project.

Liability 52

Liability Risk Insurance Contractors 52

Job Order Contracting

FEBRUARY 20, 2018

The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. Contractor’s UPB estimate of tasks and quantities of labor, materials, and equipment to do the work, plans and specifications, and project timeline.

Contract 100

Contract Organization Change Orders Overhead 100

Constructonomics

OCTOBER 3, 2010

While insurance policies are written with the understanding that some claims will be made, surety bonds are written to prevent fraud and other potential problems—with the intention of avoiding claims. The obligee —the entity (typically a government agency) that requires the bond, thus receiving its legal financial protection.

Contractors 140

Contractors Regulation Insurance Claims 140

Construction Law Monitor

OCTOBER 19, 2011

There is a lot more involved in acquiring the appropriate permits, licensing and legal documents in order to be granted permission to start. Should the principal default on an aspect of their contract, the surety company will provide financial compensation to the obligee and then refund the damages from the principal.

Insurance 51

Insurance Compensation Claims Agreement 51

Best Practices Construction Law

MAY 19, 2015

This was an important distinction for the court when reviewing the differing site conditions claim: Celco submitted no evidence suggesting that the character of the rock discovered on site was different, or that the actual unit cost to remove it was greater, by reason of the increased amount or any other concealed condition.

Bidding 48

Bidding Contractors Contract Site 48

Best Practices Construction Law

MAY 19, 2015

This was an important distinction for the court when reviewing the differing site conditions claim: Celco submitted no evidence suggesting that the character of the rock discovered on site was different, or that the actual unit cost to remove it was greater, by reason of the increased amount or any other concealed condition.

Bidding 48

Bidding Contractors Contract Site 48

Contractor Bookkeeping

JUNE 20, 2014

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Insurance 48

Insurance Construction Accounting Claims 48

Contractor Bookkeeping

JUNE 15, 2012

We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Contractors 48

Contractors Insurance Claims Lien 48

Building Information Management

APRIL 24, 2016

JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. All cash discounts should be deducted in determining material costs. Job Orders / Task Orders.

Contract 40

Contract Contractors Materials Site 40

Contractor Bookkeeping

JANUARY 2, 2015

Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. That Is Not What Happens This Is What Usually Happens: Poorly defined scopes of work create claims and disputes.

Construction 48

Construction Insurance Accounting Claims 48

Buisness Facilities Contributed Content

APRIL 15, 2014

Sales and Use Tax Exemptions: Alabama also has statutory exemptions from sales and use tax: Raw materials used by manufacturers or compounders. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The workforce management system includes recruitment, assessment and training of potential employees, development and production of job-related training materials, provision of training facilities and delivery of job-specific services. FOREIGN TRADE ZONES (FTZs): Secured areas legally outside of U.S.

Income 75

Income Finance Zoning Equipment 75

Building Information Management

NOVEMBER 18, 2014

Money is only one form of compensation. Traditionally only drawings and written material were provided to others, which they referred to but didn’t directly use to generate their work. If you claim authorship you are forever associated with the project. Barter is another. decide who can use it. demand payment for its use.

BIM 40

BIM Modeling Drawings Agreement 40